Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of International Justice Mission and Affiliates (IJM) under programs of the federal government for the year ended March 31, 2025. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a select portion of the operations of IJM, it is not intended to and does not present the financial position, change in net assets or cash flows of IJM.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
IJM has elected not to use the 10% de minimus cost rate allowed under the Uniform Guidance.
Amounts provided to subrecipients shown separately on the Schedule are also a component of the total federal expenditures presented.